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Business Environment Project
PROPERTY BUSSINESS
IN INDIA :
REAL ESTATE

ACKNOWLEDGMENT

It gives us immense pleasure in acknowledging the valuable and cooperative assistance extended to us by the various individuals who have helped us successfully in completing our project. First of all we would like to thank Mumbai University for giving us this opportunity to study the subject of “BUSSINESS ENVIRONMENT”. We would like to show our gratitude to Prof. Jenny for her valuable assistance, encouragement and support on the topic “PROPERTY BUSSINESS IN INDIA:REAL ESTATE”. Lastly, we would like to thank our parents, friends & colleagues who have supported us during the making of this project. It is the encouragement of these people that has made us proceed towards achieving our goals.

CONTENT

* DEFINITION AND MEANING OF PROPERTY * GENERAL CHARACTERISTICS * DEFN & MEANING OF REAL ESTATETYPES OF REAL – RESIDENTIAL & COMMERCIAL. * SEZ * BROKERS * PROPERTY MANAGEMENT * PROCESS OF SALE OF PROPERTY * REAL ESTATE DEVELOPERS * BUILDERS IN INDIA * PLOTS IN INDIA * REAL ESTATE IN INDIA * LEGAL STRUCTURE * HOUSE RENT OPTIONS * FINANCE – FDI, NRI INVESTMENTS

DEFINITION & MEANING OF PROPERTY

Property is any physical or intangible entity that is owned by a person or jointly by a group of persons. Depending on the nature of the property, an owner of property has the right to consume, sell, rent, mortgage, transfer, exchange or destroy their property, and/or to exclude others from doing these things. Property is divided into two types: "real property" which is any interest in land, real estate, growing plants or the improvements on it, and "personal property" (sometimes called "personalty") which is everything else. (physical possessions belonging to a person), Important widely-recognized types of property include: private property (any property that is not public property property, owned by legal persons or

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